Top 5 Life Insurance Companies In The World

1. UnitedHealth Group Inc. (NYSE:UNH)

Number of Hedge Fund Holders: 91

UnitedHealth Group Inc. (NYSE:UNH) is a diversified health and well-being company. The company’s businesses include UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. UnitedHealthcare Group, Inc. (NYSE:UNH) is one of the largest health insurers in the United States and is among the top life insurance companies in the world with a global presence in over 150 countries.

Shares of UnitedHealth Group Inc. (NYSE:UNH) have surged 21.39% over the past twelve months and the company is awarding shareholders with a dividend yield of 1.20%, as of October 28. UnitedHealth Group Inc. (NYSE:UNH) has a strong cash position and, according to its balance sheet, has free cash flows of $31.32 billion.

This October, RBC Capital analyst Ben Hendrix raised his price target on UnitedHealth Group, Inc. (NYSE:UNH) to $592 from $588 and maintained an Outperform rating on the shares. On October 18, Deutsche Bank analyst George Hill raised his price target on UnitedHealth Group, Inc. (NYSE:UNH) to $615 from $569 and reiterated a Buy rating on the shares.

At the end of Q2 2022, 91 hedge funds held stakes in UnitedHealth Group Inc. (NYSE:UNH) worth $10.90 billion. As of September 30, Aubrey Capital Management is the leading investor in UnitedHealth Group Inc. (NYSE:UNH) and has disclosed a stake of $3.33 billion in the company.

Here is what Carillon Tower Advisers had to say about UnitedHealth Group Incorporated (NYSE:UNH) in its second-quarter 2022 investor letter:

“UnitedHealth Group Incorporated (NYSE:UNH) reported solid quarterly results and raised 2022 guidance modestly. Additionally, managed care is another industry that is viewed as defensive in the current environment, which helped support UnitedHealth and its peer group.”

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